Analysis of Ichimoku Indicator for GBP/USD and GOLD on 11.07.2016

11.07.2016
Analysis of  Indicator Ichimoku on July, 11, 2016 for

GBP USD "Pound – US Dollar"


Analysis of  Indicator Ichimoku on July, 11, 2016

GBPUSD, TF Н4. Indicator’s sigmals: Tenkan-Kijun is under the "Dead Cross" influence (1), Kumo is declining (2), but is narrowed significantly, the late Chinkou line is under the chart, price is under the lines. Resistance D Tenkan and price declining are might be expected.


Analysis of  Indicator Ichimoku on July, 11, 2016

GBPUSD, TF Н1. "Dead Cross" influences on Tenkan-Kijun (1), Kumo is declining (2), the late line Chinkou is under the chart, the price is under the lines. For the short term, resistance Tenkan and price declining are might be expected.


GOLD "Gold"

Analysis of  Indicator Ichimoku on July, 11, 2016

XAUUSD TF Н4. Indicator’s signals: Tenkan and Kijun are becoming closer above Kumo, but still is under "Golden Cross" influence (1). All lines, but Tenkan, are upward, cloud is risen (2), the late line of Chinkou indicator is above the chart, price is quite on the Tenkan. Supporting В Tenkan – Chinkou A and growth of the price are might be expected.
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.